You have to make financial decisions all the time. Employee benefits. 401(k). Taking a new job. Downpayment. Restricted stock units. How do you know if you’re making the right decision? You sure don’t want to waste opportunities. Do you even know what your finances look like now, let alone the how each new decision will affect them?
How does it work?
Our work together is collaborative. I may be the financial expert, but you are the You expert. My role is to help you cultivate consciousness around your financial decisions and to erect “guardrails.” You choose a path between those guardrails that works for you.
We start by creating an initial plan that showcases where you are now financially, and also your goals and vision for your life. We then work together systematically to implement the action steps and get you closer to your goals As changes happen in your life, we adapt our strategy so it still makes sense for you. Once a year we do a thorough review of the plan to ensure we’re still headed in the same direction.
As part of this ongoing relationship, I also manage and provide advice for all your investment accounts.
What You Can Expect From Me:
What I Expect From You:
This process is a collaboration. So, I expect you to provide information and share your thoughts in a timely manner, and to reach out to me when life happens.
I work virtually, so we conduct all our meetings online or on the phone (unless you happen to live near Bellingham, WA. It’s beautiful up here!) and at your convenience.
How much does it cost?
We agree to a flat, annual fee at the beginning of our work together, and you pay it either monthly (out of cash flow) or quarterly (out of your investment accounts).
To abide by regulatory requirements, we will sign a new agreement every 12 months. However, there is no minimum time commitment. We hope—and expect!—that you will find our work together valuable enough to stay not just for the entire first year, but many years beyond.
The fee is calculated on the basis of assets under management, as you report to us before our engagement begins.
Assets Under Management Annual Fee
Up to $1,000,000 1.00%
Over $3,000,000 0.25%
Minimum Annual Fee
We specializing in working with women in their early-to-mid-career in tech. We know that you have tremendous potential to build wealth, even if you don’t yet have it. To enable us to serve you during this incredibly important time of building wealth, we have a minimum annual fee: $5000 for a single person, and $7000 for a couple.
- A single client with $50,000 in assets under management (AUM) will be charged $5,000/year.
- A couple with $50,000 in AUM will be charged $7,000/year.
- A client with $800,000 in AUM will be charged 1% = $8,000/year.
- A client with $4,000,000 in AUM will be charged 1% on the first $1M, 0.50% on the next $2M, and 0.25% on the final $1M = $22,500/year.
Why a Flat Annual Fee?
We use flat fees because:
- We believe flat fees minimize conflicts of interest as much as possible.
- Predictable fees fit more easily into your regular cash flow.
- It is the most transparent way of quoting your fee. We do not hide our fee behind percentages or in the fine print.
Investing isn’t complicated. At least, it shouldn’t be.
Unfortunately, it is usually presented as rocket science, or soothsaying…too mysterious for you to understand. Both theory and empirical studies have shown us the simple solution:
- Pick a balance of stocks and bonds appropriate for you (both your goals and your attitudes about risk).
- Buy low-cost, broadly diversified funds.
- (Optional) Get a little fancy with tax optimization.
- Don’t touch it! (except, of course, to add more money
That’s the simple part. But our emotions make it far from easy. Too often, our emotions convince us to buy and sell at just the wrong times. Or to neglect your investments entirely.
Investing needs to be part of a comprehensive planning process.
Investment decisions are best made when you thoroughly understand your financial picture. Directing your investments without that understanding is “ok” at best, and damaging at worst. How can you know what your investments should look like without knowing how much life insurance you have or need? How big your emergency fund needs to be? Whether your finances are entangled with your extended family’s?
A successful investment strategy should not be measured by the rate of return; it should be measured by how well it helps you achieve your goals. She who dies with the biggest number doesn’t win. She who dies with the fewest regrets does.